algaeforfood.com

get protein as food ingredient out of micro algae

Netherlands

About Us
Marieke and Ewoud share the same mission on algae. They both want to run their own factory. Their profiles are complementary: Marieke as PhD in algae tech, Ewoud as engineer in entrepreneurship and business. After investment the team will grow with a foody, a bio -tech and a business developer.

Problem we are solving
Get the breakthrough in the chicken- and- egg discussion between food companies and micro algae growers: food companies want to buy big amounts of algae as algae growers can deliver; algae growers want to scale up if the have orders from food companies. Both are now waiting on each other. Producing on big scale ( 10.000 metric tons a year), with a a better product then algae it self (the protein!) + max focus on client traction from the food industry (in stead of tech push from algae growers) will solve the problem and create the breakthrough.

Sustainable Impact on Blue Ecconomy
By growing algae on waste streams in a fermentation process, we produce 100 kilograms of protein with the footprint of 1 kilogram of protein from animal sources. Continuously. And independent on season influences or place on earth. In other words, protein from algae as a food ingredient is ticking 11! of the 17 sustainable development goals directly. And with the ambition to become a B-Corp we even give meaning to three others. Now thát’s sustainable impact, we believe.

Financial NeedsWe need 1.6 million Euro in this round. One third must come from investors, the rest comes from growth loans and subsidies on tech development. We need funds to optimize the extraction of the protein and to produce pilot scale batches. Also the team will grow with food scientists, bioprocess technologists and business developers. With the funding we can prove commercial traction and a first design of a production plant.